OC Politics Blog | Tag Archives: Property Taxes

OC Supervisors honor 30-year promise to dissolve taxing districts

Posted on July 26, 2016 by Editor Posted in OC Board of Supervisors, Orange County, Property Taxes, Taxes 1 Comment

Supervisors Honor 30-Year Promise to Dissolve Taxing Districts

Orange County supervisors formally dissolved eight special taxing districts in South Orange County on Tuesday and ordered $4.3 million in property owner tax credits, ranging from $49.84 to $3,664.01 per parcel.

“The County made a promise 30 years ago to collect what was needed to finance public improvements and to end the payments when they were no longer necessary,” said Board of Supervisors Chairwoman Lisa Bartlett, Fifth District, who represents South Orange County. “We’ve honored our promise and a significant number of residents will no longer be assessed this tax.” Continue reading→

The OC Assessor has delivered the 2016-17 local assessment roll of values

Posted on July 5, 2016 by Editor Posted in Claude Parrish, OC Assessor, Orange County, Taxes Leave a comment

FROM THE OFFICE OF CLAUDE PARRISH, ORANGE COUNTY ASSESSOR

FOR IMMEDIATE RELEASE: June 29, 2016

Contact: CLAUDE PARRISH (714) 834-2734

Orange County Assessor Claude Parrish has delivered the 2016-17 Local Assessment Roll of Values yesterday, June 28, 2016, ahead of schedule in accordance with the Revenue and Taxation Code that requires delivery on July 1 st , and includes all locally assessable property in Orange County.

The total net taxable value on the Roll is over $526.1 billion. The Roll of Values is up 5.44% or $27.1 billion more than last year (2015-16). Each of Orange County’s 34 cities and the unincorporated areas had a year- to-year increase in net taxable value. Value changes are reflecting the Orange County real estate markets that show continued appreciation in property values this year and the restoration of values previously reduced under Proposition (Prop.) 8 decline in market value provisions. Continue reading→

Orange County’s top 20 property taxpayers for Fiscal 2015-16

Posted on December 30, 2015 by Editor Posted in OC Treasurer-Tax Collector, Orange County, Taxes 4 Comments

FOR IMMEDIATE RELEASE: December 29, 2015

Contact: Shari Freidenrich, (714) 834-7625, Treasurer@ttc.ocgov.com

TOP TWENTY PROPERTY TAXPAYERS SECURED AND UNSECURED FOR FY 2015-16

Orange County Treasurer-Tax Collector, Shari L. Freidenrich, announced that the Top Twenty Property Taxpayers for FY 2015-16 in the secured and unsecured categories in the County of Orange are as follows:

Secured:

Irvine Company, $111,040,329
Walt Disney Parks & Resorts US, $48,010,995
So Cal Edison Company, $34,708,534
Heritage Fields El Toro, $11,943,267
Pacific Bell Telephone Company (AT&T), $10,920,821
United Laguna Hills Mutual, $8,734,773
Southern California Gas Company, $5,933,505
Oxy USA, Inc., $5,574,693
B. Braun Medical, Inc., $4,301,682
Bella Terra Associates, LLC, $3,999,296
Olen Properties Corp., $3,912,333
South Coast Plaza, $3,861,081
Standard Pacific Corp., $3,798,565
Knott’s Berry Farm, $3,777,039
Mayer Financial, LP, $3,423,771
Monroe MBR, LLC, $3,096,442
Vestar/Kimco Tustin, LP, $3,017,021

Continue reading→

The O.C. Assessor releases the 2015-16 Annual Local Assessment Roll of Values

Posted on June 29, 2015 by Editor Posted in Claude Parrish, OC Assessor, Orange County, Property Taxes Leave a comment

Orange County Assessor

FOR IMMEDIATE RELEASE: June 29, 2015

Contact: CLAUDE PARRISH (714) 834-2734

Orange County 2015-16 Annual Roll Press Release

Orange County Assessor Claude Parrish has delivered the 2015-16 Local Assessment Roll of Values today, June 29, 2015, on schedule in accordance with the Revenue and Taxation Code that includes all locally assessable property in Orange County.

The total net taxable value on the Roll is over $498.9 billion. The Roll of Values is up 5.89% or $27.7 billion more than last year (2014-15). Each of Orange County’s 34 cities and the unincorporated areas had a year-to-year increase in net taxable value. Value changes are reflecting the Orange County real estate markets that show continued appreciation in property values this year and the restoration of values previously reduced under Proposition (Prop.) 8 decline in market value provisions. Continue reading→

A split roll tax would cripple businesses in the Golden State

Posted on June 11, 2015 by Editor Posted in Bob Huff, Businesses, California, Property Taxes, Republican Party, Split Roll Tax, Taxes 2 Comments

CA Split Roll Tax

FOR IMMEDIATE RELEASE: June 10, 2015
CONTACT: Jacqui Nguyen @ (916) 651-4029

Split Roll Tax Would Cripple Businesses in the Golden State

SACRAMENTO – Senate Republican Leader Bob Huff (R-San Dimas) responds to the “split roll” property tax proposal, formally known as Senate Constitutional Amendment 5 (SCA 5), describing it as a job killer for businesses that would drive many out of California.

If SCA 5 (Hancock-D and Mitchell-D) goes before voters and passes, it would weaken Proposition 13 by taxing commercial properties according to their market value but leaving limits on residential properties intact. By doing so, the property taxes on commercial and industrial properties would skyrocket. Voters passed Proposition 13 in 1978 by a nearly two-thirds vote. Since then, the measure has reduced property taxes on homes, businesses, and farms by about 57%. Continue reading→

Asm. Kim reacts to proposed legislation that will weaken Prop. 13

Posted on June 10, 2015 by Editor Posted in Prop. 13, Property Taxes, Taxes, Young Kim Leave a comment

YoungKim_Headshot

Young Kim, Assemblywoman, 65th District

FOR IMMEDIATE RELEASE: June 10, 2015

CONTACT: Bryan Shroyer, (916) 319-2065

Statement by Assemblywoman Kim on Proposed Legislation to Weaken Prop 13

SACRAMENTO – Assemblywoman Young Kim, R-Fullerton, today issued the following statement in response to Wednesday’s announcement by two Senators that they will introduce legislation to weaken Prop. 13.

“I am disappointed, but not surprised, that the majority party would introduce legislation to weaken Prop. 13. This assault on California’s most important taxpayer protection measure not only threatens to raise taxes on struggling small businesses, but the net effect would be higher prices for consumers and fewer jobs for hardworking families. Continue reading→